Online Analytical Processing (OLAP)

Online Analytical Processing (OLAP) is a technology used in Business Intelligence that allows organizations to analyze large amounts of data in a quick and interactive way. Think of it as a sophisticated tool that helps businesses make sense of their data by enabling users to explore it from different angles—like viewing sales by region, product, or time period. OLAP helps decision-makers to uncover trends, patterns, and insights by providing fast, multidimensional analysis, thus enhancing strategic planning and decision-making processes. It allows companies to transform raw data into actionable information easily.